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Bull and Gras Savoye sign strategic partnership agreement to prevent, manage and insure cyber-risks
November 2014 by Marc Jacob
Bull and Gras Savoye, leaders in cyber-security and insurance, are joining forces to provide businesses with a common response to cyber-risks. The solution combines services, cyber-security solutions and an insurance package involving Risk Consulting and Mediation.
Against a backdrop of increasing theft of customer data and ever tougher regulatory obligations to protect that information, companies must anticipate and protect against risks that can have serious consequences for their business activities and lead to very costly damage in terms of corporate image, remediation and financial penalties.
By 2015, EU data protection legislation will force companies to rethink their information systems security policies. They will be required to report any cyber-attack and to set up information processes within 24 hours. Article 22 of the military programming law in France also states that ANSSI (the National Information Systems Security Agency) may require operators of Vital Importance to put in place security measures and controls to protect their most critical information systems.
Taking a holistic and tailored approach, Bull and Gras Savoye can bring together their complementary expertise to carry out a comprehensive risk analysis on information systems protection and help customers define their strategies for prevention and protection and the transfer of insurable risks. The solution also provides for the implementation of additional safeguards and the management of any claims.
